China's exports to the US have plunged. Apollo's top economist said recently that the US could see empty shelves and a tariff-fueled recession by summer.

China's exports to the U.S. slid last month, as President Trump's tariff assault forced the world’s second-largest economy to redirect more of its goods to Southeast Asia, Latin America, Europe and Africa.

Shipments of goods out of China slumped in April, including a big decline in exports to the United States, as President Trump imposed sky-high tariffs.